Reasons why people choose Costa Rica to live or invest

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 Much is written about all the many places in the world to retire or relocate. One must always assess carefully if the location you are considering is right for you.  Everything is relative. Be certain to match up your personal needs to the location you choose.

Even with all the benefits and all the good things that have been written about Costa Rica for retirement, many people  can still be heard saying
“We would never do it like that at home
” That is not meant  to be negative as it is purely human nature. It simply to point out the real need to carefully assess where you are going to choose to retire or relocate.  Imagine what they may be saying elsewhere.

For your consideration….Here is what Costa Rica has to offer

* Year-round spring-like weather in the Central Valley

* Untarnished international image. How often do you hear bad things in the news about Costa Rica. Only good news!

* Latin America’s oldest democracy

* NO army and NO terrorism. Costa Rica has NO enemies.

* Excellent health care at a fraction of the price you would pay at home

* Good real estate investments. Costa Rica is considered one of the world’s best emerging real estate markets. Many properties are in locations with stunning breathtaking views
 

* More North American residents  proportionately than any country in the world

* A tightly-knit expatriate community

* Time-tested organizations in place to help you with everything you need to make the move from A to Z.

* Excellent quality of life

* Good communications with high-speed INTERNET in many areas

* Tax savings

* Opportunities for entrepreneurs

* Affordable utilities

* Friendly people

* Many people who speak English

* 1000s of activities to stay busy and happy

* A nature lovers Disneyland

* Affordable hired help

* The beauty of the country

* Fantastic beaches with warm water

* Latin America’s #1 tourist destination according to Travel Weekly magazine

* Many American products and services available.

* Fruits and vegetable all year.

* Good public transportation

* And many intangibles more

 

To get a really good look at Costa Rica first  hand and with retirement relocation experts, try our SIX PACK LIFESTYLE TOURS and see it all.

From our first profiling of you through orientation and Lifestyle Touring you will find us totally efficient and helpful with your time. They are free and individually tailored to you.
For more on this call toll free 1 888 581 1786  Ask for Steve, Robert or Rudy.

Baby Boomers Costa Rica and programs

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Baby Boomers can look to the future for a more fulfilled life by getting with a program.

 

Costa Rica retirement has much to offer. Many amenities relative to the Baby Boomer exist here and offers the opportunity to keep the mind and body active while enjoying the lifestyle, people and country. We are blessed with fine universities that have excellent classes for almost anything one could desire for extra education.

 

Successful aging is not a myth  - Baby Boomers can learn to age well.

Behaviors  and learned elements can add healthy productive years to our lives

 

Healthy older brains are better at dealing with complex situations that you have dealt with for many years, having the benefit of so much experience. Research also suggests certain predictors of how well an individual in mid-life is likely to age.

 

Naturally some things need to be present such as:

one has to avoid substance abuse; a good stable marriage is helpful; education and ongoing reading; brain work; exercise, normal body weight; and a positive attitude toward life. Baby Boomers who exhibit these characteristics have a greater likelihood of aging well.

 

Education is more than university degrees earned ages ago. It is an ongoing interest in the world around you, reading newspapers, books, and other sources of information and awareness.

 

One must keep it active

occupy the brain- whether it involves reading or writing, attending lectures or taking classes, playing bridge or chess, or doing crossword puzzles – exercises the brain and makes it more resilient. It also strengthens the immune system. Also, mental and physical exercise increases feel-good hormones.

 

We are never too old to learn, and under normal circumstances, we can continue to learn nearly as long as we live.

If you wish more information on retirement activities available here in Costa Rica, call us toll free and we will be happy to assist you. 1 888 581 1786, ask for  Robert, Rudy or Steve.

Costa Rica Retirement – Think through the location

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 You have many choices from Mountains, Volcano areas, beaches, cities or even jungle. Always be aware of the services and amenities you need before committing.

 Costa Rica Real Estate is very rewarding when done right and through the right people.

Location is often a dream of sunny beaches high mountain hideaways or quiet secluded areas. That is fine if you can handle it.  

 

We try to carefully counsel and guide our clients seeking property in Costa Rica to be realistic. This could be a serious mistake buying a home in an area that is  beautiful but proves to be not for you. Re-sale is almost impossible and monotony can set in fast.

 

There are many sound locations that offer much diversity in your new lifestyle you seek. Costa Rica central Pacific Real Estate has a variety of benefits. It depends on how you are planning your retirement as well. Some choose to live here for only 6 months and elsewhere for the balance. If this is the case there are wide choices of good projects with good property management that allows you to rent when not here and recover any debt service.  The new road that is well underway will make the journey to the capital on 45 minutes as well.

 

Activities are numerous.  There is everything you need in amenities, sporting events, shopping, seclusion or be in the heart of everything, access to San Jose with new road will be fast and offer much more.

 

The Costa Rica central valley real estate market is growing and of course anything you need is close by such as health care, shopping, dining, legal, golf and more.  Baby Boomers seeking retirement in Costa Rica are flocking here as well.  Some of the select retirement locations have proven to be Santa Ana, Escazu, Cariari, Atenas and Heredia.

 

Arenal  Real Estate has suddenly become of interest to those seeking a more rural lifestyle. some excellent large lots overlooking the lake have come on the market recently that appear to be very appealing.
If anyone has an interest here, a Christmas special featured  one deal where the price was over $260,000 and was offered for $168,000

 

Tamarindo – Playa Langosta has a great new option for the retiree  seeking part time living in Costa Rica or even full time. There is a new development  next  to Tamarindo  which is a model for the ideal property and location to buy for use as well as investment.

 

They are offering really fine quality finishes, ocean front and has the best price in the whole area for this quality. Apart from that, you can buy it with your down payment and they guarantee 2 years of rental at 50% occupancy. Choices of 1 bedroom to penthouse are available. Tamarindo is very close for all the shopping, dining and night life you need. Of course some of the nicest beaches in Costa Rica are there also.

 

South Pacific Real Estate in Costa Rica offers a wide variety of choices for those seeking retirement with one of the most beautiful settings in the world. Mountains come don to the Sea, it is green all year round and is a pure Eco experience. The areas Is growing very fast.

 

At Costa Rica Retirement Vacation Properties, we specialize in retirement and  have developed a concept that makes finding your retirement location quite simple and fast.

When we do a profile on our clients, we identify if our Six Pack Lifestyle Tour applies. For these we have filtered  many  of the concerns out of the equation for first time buyers.  The qualification includes:  Gated secure communities, experience of developer team,  quality of product, amenities relative to price and  location, maintenance costs, quality of infrastructure and  more.
We have only two published at present.  One is for the very popular central valley and the other is for the fast growing rural lifestyle of Lake Arenal.

All projects have a wide variety of product, price range, views and varying amenities.  all are close to required important lifestyle services such as Hospitals, shopping and other Lifestyle amenities.
It only takes 1.5 days to see it all. As our slogan say “If you don’t find it there, you probably won’t”
Pretty simple, easy and safe way to find your dream home without the anxiety of a multitude of agents, research and trying to get it all organized.

If you are planning a trip to Costa Rica and would like to talk with us about retirement. please call toll free 1 888 581 1786. Ask for Steve, Rudy or Robert.

If you are visiting the Arenal area, take some time to do our Six Pack there as well.

Retire early and live well – series part one

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Don’t let your 401K send you back to work

This is the first of a series of very timely solutions for people who lost a great deal of their retirement income and are threatened with going back to work or continuing to work longer.

I am Robert Shannon, owner of Costa Rica Retirement Vacation Properties. We deal with people from all over the world desiring relocation and retirement in Costa Rica.  I would like to share with you some ideas that fit today’s gloomy economic outlook that I feel will help you considerably.

We are hearing from people that
are devastated and don’t wish to delay retirement
have  lost a large portion of their retirement money
are looking to jump start a new life
want to save their retirement now
are in early forced retirement

A lot of them have money and are worried about future events that will determine their own lifestyles, some are fed up with the horrible meltdown of the mortgage market, some cannot believe this could happen after saving for 25 years and feel violated, some don’t feel either political party can repair the damage and some just plain feel there is a major depression.

If you are a Baby Boomer, the obvious problem is  that if one was looking to retire on let’s say $7000 per month, and that number has been slashed by 50%, then you need to remain in the work force longer in America. That may not be an option in this current economy.

I am very high on Costa Rica of course or I wouldn’t have spent the last 17 years here, but I will try very hard to be as objective as I can in the following series.  I plan to outline a great alternative that could very well fulfill the needs of anyone no matter what their situation is.

Many retiring Americans have been hit hard.  People with excess money who seek a different venue for other reasons but share similar concerns for the future are candidates as well.

Saving your retirement

Costa Rica Retirement remains the number one choice for Americans retiring offshore and rightly so because of the superior, unrivaled amenities the country offers.  (This writer has lived her for 17 years and has traveled to many parts of the world and you couldn’t get me out of here for anything).

Imagine a place where that is totally committed to peace and even abolished it’s army fifty years ago, committed to education, health care and prudent growth, has many different climates to choose from, guards it’s ecology with a passion, a infectiously beautiful country all over, friendly people that welcome newcomers with open arms, has a large middle class, a great infrastructure, ranked number one in tourism in central America, ranked as one of the top 5 Real Estate markets in the world, has more north Americans per capital than any other country in the world, has a solid Banking system that is not overextended and had no investment in the sub prime vehicles that were being hustled throughout the rest of the world. I just described COSTA RICA a very viable consideration for retiring. 

Costa Rica Retirement was in the past and remains so today,  

Next, I will cover all the things that Costa Rica offers for people considering Retirement or Relocation in Costa Rica.

Use our new six pack Lifestyle Tours and get a feel for cost of living here as well as the cost to own a home.

Activities in Southern Costa Rica

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Between Uvita, Dominical and Ojochal things are not boring on the South Pacific Coast of Costa Rica. There is something for everyone!  Please check out the list of activities below:

ACTIVITIES

 

1) Challenging

2) Fun

3) Clubs & Events

Waterfall rappelling

Horseback

Yoga / Pilates

Surfing

Jungle hiking

Meditation

Bull riding

Reptilandia

Badminton

Horseback Comp

Tennis

_______

Deep Sea Fish

Golfing

Women’s club

Indoor and outdoor soccer

Live music

Garden club

Diving

Island picnics

Environ

Mountain climbing

Snorkeling

Indian study culture

Cattle roping

Whale watch

Rainforest medicine

White water rafting

Fly fishing

Art Exhibits

Parasailing

Canoeing

Classical music

Four  Wheeling

Tubing

Gourmet dining

Canopy tours

Garden Tours

Live theatre

4 Wheeling

Boat Tours

Turtle count

Jet Ski

Poker

Gold Panning

Mountain biking

Estuary

Massage

Ultralite Flights

Mangrove tours

 

Volleyball

Butterfly Garden

Water threat

Cowboy for a day

Bird Observation

Weekly organic market

 

 

SPA

 

 

Movie night

 

 

Pot lucks

 

 

Church

 

 

Fundraising Activities

Contact Annie at Costa Rica Retirement Vacation Properties - south for more and check out our web

http://www.costaricaretirementvacationproperties.com/south_pacific.php

Rock & Roll in the South Pacific

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Title:  Rock and Roll in Costa Rica’s Whale Coast

 

Residents, retirees, locals and tourist in the Costa Ballena or South Pacific Coast of Costa Rica aren’t lacking for musical entertainment. Nancy Buchan who has been associated with Bonnie Rait, Jimmy Buffett and various big musical names lives here with her husband Good Time Charlie.  Charlie arranges various groups and live music all around the area.  Most lately, Nancy has been playing with Kim Carson and the Radiators.

 

For people in the area, there is live music at the Marakuya Bar in Dominical on Tuesdays, The Tucan Hotel in Uvita on Wednesdays (with a buffet dinner), Dominical’s Rum bar on Thursdays, Los Delfines in Bahia Uvita on Friday’s as well as Twisted Tucan in Ojochal, sometimes a reggae or calypso night at Las Terrazas on Saturdays, again at Uvita’s Tucan on Saturday’s with Trey’s Band and at the Hotel Rio Lindo on Sundays.  If that isn’t enough, Hotels Cuna del Angel and Crystal Ballena both hold  monthly classical music concerts or jazz.  Once a month, Mistura Waterfall restaurant has a full moon party with a bonfire and a band.  Taj Mahal was just at Playa Zancuda and The String Cheese incident owns land in Escaleras.

 

Check out the article submitted by Nancy Buchan concerning quality music here in Costa Rica

 

MUSIC

Seems like we`re all planting some kind of seed this time of year, full of hope for its growth and marveling at the new beginnings all around us. The plants are trying to take over, folks are getting married, artists are starting new paintings, the kids are giving recitals – it`s just a fine time to be in our little dysfunction junction.

My April column was all about the Infinite River Orchestra (Orquesta del Rio Infinito) and since I’ve been driving my buddies nuts with tales of this adventure, I feel compelled to tell my readers about it. To really get the feel of this project, check out www.rioinfinito.com for photos, videos, the environmental agenda, future plans, biographies of the participants and press. Everything was being documented, so I imagine there will be CDs and DVDs available at some point, and the first concert at La Sabana in San Jose has been on national TV at least twice. At that very visual concert we had two stages in the lake with a water fountain in between, a ramp in the middle with the two musical directors and pianists, Manuel Obregon from Costa Rica and Benjamin Taubkin from Brazil, great lighting effects and fireworks behind us.

We started rehearsals in San Jose with the 35 musicians from 18 different countries introducing themselves and playing something typical of their style. Others joined in if they understood it and felt like contributing, so basically we had a whole lot of mini-jams getting to know each other. A Peña. We all shared common ground in the music, and there were the typical instruments involved – 3 electric guitars, a couple of acoustic guitar-like variations, 3 electric bass, 2 saxophones, 2 violins (3 if you count this really weird looking instrument played with a bow  by Siba from Brazil), 2 flutes, 4 marimbas, a harp, a cello and 2 accordions. Then there`s the bizarre and fascinating percussion section, with leaf fronds that you shake, gourds and birdcages and rain sticks and strange things you blow into…and, did I mention Mauricio, the Ecuadorian Shaman who chanted and played 3 five foot long flutes at the same time? Or the seven unbelievable female vocalists who left their egos at the door and thrilled us all with their powerful messages and  harmonies.

At a large press conference we all met Leon Gieco, an Argentinian singer, songwriter, environmental and social activist who has over 30 CDs to his credit and who is considered to be the Bob Dylan/Pete Seeger of South America. He`s performed  with Sting and Springsteen and others onstage at the Amnesty International  concerts. He`s written and published at least 3 books. His song, Solo le pido a Dios, is a passion filled anthem for the humble man that never failed to bring people to their feet singing along – often with tears rolling down their faces. An incredibly intense and important man, he had been active in protecting and cleaning up rivers in his country, so it was a natural fit for him to combine his efforts with Manuel Obregon and the objectives of the Orquesta del Rio Infinito. This man was soooo cool and was treated like royalty wherever we went, but he was just another guy jamming on the bus and was gracious and nice to everyone.

 

In the lovely town of Palmares we did some workshops with local musicians and music students, and you should have seen their smiles when they were invited to join the band on stage for the finale. Some 60 families patiently waited an hour and a half after the concert to collect a musician or crew member to take home with them. My family lived on a lovely hillside with a view of Poas Volcano, and their 7 year old daughter gave up her pink Barbie doll filled bedroom to me – a stranger just making music. A water blessing ceremony was held near there one afternoon, with local indigenous people and Ticos working together to address their issues politically, and everywhere we went peope signed letters to public officials supporting environmental attention to the health of rivers.

 

 

NOTES

The final concert was in the town of San Carlos , Nicaragua, on a beautiful Lake Cocibolca . We passed through a little customs shack on the Costa Rican side, and then the musicians all got on a flat bottomed boat to go down the Rio San Juan into Nicaragua. As we passed the border we were surrounded by boats full of machine-gun carrying policemen with big ole` smiles, boats full of cameramen and writers, and a boat with a brass band. Rarely has a bunch of musicians had such a glorious escort into a country… We were paraded through town and met at the stage by the mayor and other dignitaries. We were treated to performances by local school children about how they are helping to protect their rivers, and the entire event was broadcast live over the internet in all of Central and South America.

Throughout this trip children made tapestries or quilts or collages or some kind of art to demonstrate and educate about the plight of the rivers. Local grass-roots ecologically aware groups set up information centers and even the press seemed to center in on the message and not just the messengers. Seeing the pride and willingness of ordinary people to be caretakers of this planet was a hopeful and humbling experience.

Of course dancing with my 70 something violin playing buddy Miguel from Panama was also humbling, but one of my favorite moments. There were some hilarious stuff that went down , and no doubt there were some great musical moments, so I hope everyone gets a chance to hear or watch some of the concerts. However, the enduring message is one of hope that change can happen when our shared efforts produce something much grander and more important than the individual.

We`re headed down the Amazon in November and the Mississippi the next year, so stay tuned!

There`s a diverse and interesting concert coming up on June 7th at 7:00 pm at the Cultural Center in San Isidro.  “Ayer, Hoy and Siempre”, (Yesterday, Today and Always), will be a performance of Tangos, Boleros, Waltzes, Bachatas, Sambas and other styles of Latin music. The participants are current and ex students and faculty from the Escuela Sinfonica (music school in San Isidro near the square), and there will be a small orchestra accompanying several different singers, all under the direction of Leonel Calvo.

As always, thanks for supporting live music and I urge business and hotel owners to contact the various venues around town and find out what`s happening so they can tell their guests or clients about their choices. Locals and visitors should check with the Rum Bar at Rio Lindo as they have BBQ and music on most Sundays and often music inside on Thursdays.

Maracatu has open jam night on Tuesdays, and the Tucan Bar in Uvita has live music and buffet on Wednesdays, with a special welcome back party and open jam for Nelson and Oliver on June 2nd.

Someone contacted me about a free (needs work) upright piano she will donate to a school or church or similar good cause. Email me at njbfiddle@aol.com or 88 32 5810.

“Musical compositions, it should be remembered, do not inhabit certain countries, certain museums.like paintings and statues. The Mozart Quintet is not shut up in Salzburg: I have it in my pocket” Henri Rabaud

“You`ve got to continue to grow, or you`re just like last night`s cornbread – stale and dry.”

 

 

 

 

 

Dining in Uvita

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Residents of Costa Rica’s Whale Coast have a hard choice to make when deciding where to dine!  There are so many options.  Many of the members of one of Christopher Howard’s New Golden Door to Costa Rica Tour were impressed with The Chef’s Table.  Apparently, the food critics were also.  Please refer to the following article.

We have many properties in close proximity to this wonderful restaurant.

Building Lot Hawk Vista IV $150,000

House Hawk Vista III $385,000

Building Lot Hawk Vista II $150,000

House Hawk Vista I $550,000

These are both large parcel properties for an Environmentally conscious developer or lots and turn key houses for newcomers and persons seeking retirement in Costa Rica.

This article that was published in the monthly newspaper “Dominical Days” was written by the food critics Marcel and Andres.

Time Out

THE CHEF`S TABLE

There are few professionally trained international chefs in Costa Rica and Sarah Plowright is one of them. She received her initial training and her Cordon Bleu degree in her native England. Then she worked, among others, with world famous star chefs such as Roger Vergé at his famous Moulin de Mougins in Southern France and also spent some time in United States. For years, she cooked for the rich and famous on their glamorous luxury yachts. That`s where she met her partner Paul Perks.

Chef`s Table is a romantic dong hideout nestled away above Uvita, a few minutes from the Costanera Sur. The restaurant is open for dinner only and subsequently one is left to wonder how beautiful the setting must be during daytime. The dinner menus are either a multiple-course menu gourmand (Sat/Sun) or a somewhat simpler barbecue night (Mon) with a choice of various grilled meat (marinated ribs), chicken or fish. Vegetarians will love the Chef`s Table since there is always something special available for them. The cuisine is distinctly Mediterranean in style but is often accented with Asian flavors.

Guests at Chef`s Table are invited to partake in a monthly raffle. The winner receives a dinner for two. Each raffle ticket is rewarded with a bottle of wine.

Paul Perk`s Australian strine makes him a very distinguishable host and maitre d`.

He seemingly enjoys taking care of all his client`s needs, from their arrival during a torrential tropical rainstorm to the farewell. Being a professional engineer by training, he applied his skills to building anything and everything at this romantic restaurant and retreat, from wrought-iron spiral staircases to the very distinct chairs.

Chef`s Table is the restaurant that goes with Villas de las Aves, a retreat offering quiet and private accommodations in a true jungle setting.

Highlights: Weekly changing menu gourmand. The home-made focaccia and the pesto-flavored olive oil dip are to die for. Romantic outdoor setting with very attentive service. They`re open on Mondays!

Room for Improvement: Wine selection is somewhat restricted. No credit cards due to lack of a phone line. Difference between menu gourmand and barbecue dinners could be communicated more clearly.

Theatre in the Southern Zone

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Theatre in the Southern Zone

 We at South Pacific Real Estate Services (now Costa rica Retirement Vacation Proeprties) will bring you updates onlifestyle and events periodically

 

 

When I moved to San Jose in 1996, there was a variety of movies and theatrical productions to choose from. Three years later, after searching the majority of the country for a home to buy, I chose the Costa Ballena area. While I have never regretted my choice, I missed the cinema and plays that I once enjoyed in the city.

 

 

 

 Last year the employees of SOUTH PACIFIC REAL ESTATE SERVICES went to see the Christmas Production, a musical with lively skits!

Check out what Dominical Days Montly News paper has to say about the Centerstage.

 CENTER STAGE

Dominical Little Theatre, news, updates & other whimsies

Talking` the Talk…by Shawnell Parker 

Every theatric production begins with orienting the new talent, both performing and supporting, to the lingo of the art and the stage. Since I am sure you are all getting ready to participate in DLT`s next production whatever it is, I have prepared a little primer that will make you appear to be really savvy in front of the other rookies!

Pretty much everybody knows the old stage left and stage right. These terms were created to make sure no one in the audience knows what is going on during rehearsal as in fact from their perspective stage left is just the opposite. Most of us have also heard the term “to upstage” someone. This of course to the averagely intelligent person would mean that an actor is standing in front of another thereby drawing attention to themselves….wrong. The theatre stage was at one time titled toward the audience, hence when you are away from the audience you are upstage and when you move toward the audience you are moving down the tilt therefore moving downstage. Hmmm, that`s clear as mud.

Okay, now it gets a little more obscure, huh? “Green Room” is a term used to describe a room where the actors can rest while they are not onstage. The room is not always or even often green; in our case it is actually the parking lot at Roca Verde or for some of the more recalcitrant of the actors, the bar.  “Wings” are supposedly the areas offstage on either side; this is where the term “waiting in the wings” comes from, but actually “wings” are what I wish I had on my 27 trip to San Isidro for costume shopping. The “Booth” is the control room where the light-board operator runs the show; in our case, it`s the cement table, stage left, or the bar, stage right, where Ian hangs out.

Very good, now for some more advanced terms. The “Flies” is the area above the stage where scenery is hung and is lifted high in the air during scenes it is not use. Say what? Actually these are just some of the insects one must deal with in an open-air theatre. A “Money Note” is the strongest note in an actor`s singing range, aka every note Frank hits! The “Road” is everything outside of New York or the thing that keeps people from coming to the show from Quepos. “Dark” is a night when there is no performance in the theatre or whenever ICE feels like it. A “Call” is what Monica makes everyday to remind Gino to come to rehearsal. The “Apron” area sticks out beyond the curtain but Tom says it`s what Shawnell should be wearing at home in the kitchen instead of being at the theatre and the “House” is the place where the audience sits or the place where none of the actors or crew ever get to go in the three months we are preparing for the production.

 Finally, our last two important terms are “Shtick” which is a sure-fire piece of action that will get a laugh, such as when Sean makes the ptchew ptchew sound when the gun doesn`t go off and “Chewing the Scenery”, trying too hard to get a laugh or what the termites do when we build sets out of formuleta. Now you`re talking!

 CENTER STAGE is a publication of Dominical Little Theatre and is intended to be a means of communicating on an ongoing basis with our friends, sponsors, and volunteers. Please feel free to send your comments and article suggestions to dominical_theatre@yahoo.com

Remember to checkout our comprehensive Whale coast property tours.

I can be reached at  1 888 581 1786 or email annie@costaricaretirementvacationproperties.com

 

 

Now, my life is more complete! Five years ago, the Dominical Little Theatre began live productions featuring all time favorites and casting local residents of Dominical, Uvita and Ojochal.

Costa Rica is better prepared than most Latin Countries

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If Costa Rica has it tough, imagine what will happen to our neighbours

President Arias Asks Business Owners To Forgo Their Salaries
In the face of the world economic crisis, Costa Rican president, Oscar Arias, is asking business owners and executives to cut costs, including giving up their salaries and bonuses, before laying off employees.
“I have suggested, and this is a nice moment to show generosity and solidarity of Costa Rica, the owner of a company does not begin by removing people, he begins to reduce costs by sacrificing his salary, reducing it by half, or in total . I have done it and live neither worse nor better without my salary, that can always be used better by someone who needs it. They can introduce, in some sectors, a four day work week, to avoid unemployment”, said Arias.

The president made the statement at Casa Presidencial during an interview with the general manager of the Diario Extra, William Gómez Varga and several other members of the newspaper group that quotes itself as the most read newspaper in the country.

During the interview Arias spoke about the achievements of the past year, satisfied that the TLC debate is finally coming to a close after two and a half years of controversy and the hardships facing the world and Costa Rican in 2009.

Arias said he came to office to generate employment.

Arias reconfirmed the three priorities that he said he came to office with: generate employment, the second, to generate employment and the third, to generate employment.

Arias does not deny that the times ahead will be tough for the country, the worst perhaps in the last 80 years. However, Costa Rica is prepared fro what lies ahead and that was confirmed last week by the president of the International Monetary Fund (IMF), Dominique Strauss Khann, saying last week that Costa Rica is better prepared that most of the other Latin American countries.

A common currency may solve potential slowdown foreign investment

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Central American leaders are pledging to create a joint credit fund and promote fiscal stability to cope with the effects of the world financial meltdown.

The leaders say the fund will go toward developing their impoverished economies. They say investment priorities will be in infrastructure, agriculture, commerce and production. They did not specify how the fund would be financed.

They are also pledging prudent monetary policies and measures to stabilize prices of basic products.

Central American governments are concerned the financial crisis will curtail foreign investment in Costa Rica Real Estate as well as other investment and the amount of money their citizens abroad send home.

Furthermore, the Central American nations, including online gambling rich Costa Rica, would like to introduce a common currency as well as passport free travel between each of the nations in this region.

The eight regional leaders earlier this month vowed to promote “a regional conscience that instills people with a sense of identity and belonging to a united Central American region,” including “perfecting the issue of a Central American passport and the adoption of a single Central American currency.”

The presidents of Honduras, Guatemala, El Salvador and Nicaragua, and representatives from Costa Rica, Panama, Dominican Republic and Belize all agreed on a 41-point economic blueprint to help the region weather the current global financial storm.

Costa Rica and – to a lesser extent – Panama and the Dominican Republic are home to hundreds of online gambling and sports betting call centers.